The publication of a new list of sanctions is a matter of hours – The world remains unpaid

The government and the service sector are in countdown mode and on hot coals, in view of the new American list of sanctions against Cypriot associates of Russian oligarchs.

In the context of the American policy of zero surprises for partners, Nicosia now officially states through the government representative that it has been informed that the new list of sanctions will come from time to time, but does not know the names of natural persons and companies it will include.

According to the Government Spokesman, Konstantinos Letympiotis, it is possible that he will come tomorrow as well. "The information we have is that in the coming days there will be a new list of natural and legal persons from Cyprus", he noted.

The procedure to be followed will be similar to the one followed on April 12. The new names and details from the Americans and the British will be sent to the Attorney General, who will investigate the possibility of criminal offenses under Cypriot law and European Union and United Nations sanctions.

However, the problems caused by the first list, with 550 companies whose assets were frozen simply because they are related to Cypriot lawyers and auditors on it, still remain unresolved.

Weeks go by, people remain unpaid, accounts remain blocked, customer contractual obligations are needlessly breached, decisions must be made and made immediately.

Mr. Letympiotis also mentioned, the Government is in constant contact with the Registrar of Companies and hopes that by tomorrow there will be a development to enable these companies to be released.

He further stated that the government was making all possible representations to the banks so that the salaries of the employees of these companies would be paid.

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Source: Sigmalive